Report ID: UCMIG35D2119
Report ID:
UCMIG35D2119 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2021, the global medical rehabilitation services market witnessed substantial growth, reaching a valuation of USD 144.6 billion. This expansion can be attributed to several factors, including the increasing prevalence of chronic diseases and disabilities, advancements in medical technology, and a growing elderly population. Medical rehabilitation services encompass a wide range of therapies and interventions aimed at restoring or improving functional abilities and quality of life. The market's growth is further driven by factors such as rising healthcare expenditure, favorable government initiatives, and the increasing recognition of the importance of rehabilitation in comprehensive patient care.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35D2119